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Google took down all stocks Mobile on Thursday and Friday. CNBC had countless reports running that no one can make money in mobile. Wrong. Apple can. Apple has gross margins in excess of 40%, and 96% of Apple's revenues are related to mobile. Concerns that the mobile market is "mature" are also overblown. Growth in tablets, mobile advertising, and smartphones continue to outpace overall economic or industry growth, making these growth sectors. Previous articles have detailed and quantified statistics to support a stock price for Apple of $1,000 over the next two years. Here is a review of recent articles and each article goes into depth on Apple's numbers, market share trends, competitors' numbers, market potential, and valuation.

The Problem with Apple ...and its Stock Price talks about the loss of Steve Jobs as a marketing guru and points out that there is not any other evangelist as effective as Jobs at Apple or anywhere else. Apple still leads in brand recognition, brand loyalty and product innovation.

In Apple: Ignore the Noise Around the iPhone 5 Launch; Focus on Four Near Term Catalysts looks at all the knocks on the iPhone5, such as disappointing first weekend sales (due to supply constraints) and maps, and why those won't affect Apple, short or long term. By now, the Map debacle has all but blown over and consumers are back to talking about iPhone 5 product features and form factor. The article does highlight four near-term catalysts including other new products (the new iPod line up is stellar), China middle class growth and spending over and away from aggregate country GDP growth, the potential of the iPad to follow in the iPod's footsteps, and, most importantly, Apple's ability to generate profits and cash flow.

Apple is expected to announce the iPad Mini on Tuesday. The entire tablet market is in its infancy and Apple is leading the way. The tablet that did well against the iPad last holiday season was the Amazon Kindle at 7". The iPad Mini could pull the rug out from under Amazon. In The iPad will Mirror the iPod's Market Dominance. Here's Why It Matters., the article discusses the similarities in the end markets of the iPad and iPod and the contrast to the iPhone, and how that could play out to another product where Apple sustains 70% market share over years. The article also quantifies the effect on Apple's market capitalization as the iPad matures, and extrapolates on past market capitalization growth created by the iPhone and the iPod.

The performance of Apple's stock has been baffling for several months, given new product introductions, earnings expectations, and market leadership. These two articles Why Is Apple's PE So Low? Part 1 and Why Is Apple's PE So Low? Part 2 put forth potential structural issues that put artificial ceilings on Apple's stock price. If the theory is partially true, then large institutional investors have to sell Apple when appreciates beyond their guidelines for how much dollar-value they can hold of any one stock. If true, then when the stock declines, expect institutional buyers to come back into the stock, which could happen with Apple at $600. For retail, long-term investors, it is best to look at the long-term performance of the stock and the long-term prospects and hang on for these rides, and take advantage of dips to $600 to build a position at an attractive price.

Lastly, a good review before Apple's next quarterly report and a look at long-term catalysts for the stock is in Within Apple's Earnings Report: Seven Positive Trends to Consider. The article discusses China, the education market, iCloud, carrier subsidies as well as iPhones and Macs. Many analysts, reporters or market watchers tend to focus on one item in an earnings report, and this article encourages investors to look at all the information which provide clues on longer-term success.

Apple is due to release earnings October 25, but what investors should really care about is the next quarter's earnings when it will be clear how the iPhone 5, new iPods and the potential new product to be announced on October 23 fare against competition. In the meantime, sentiment and market share numbers continue to point to strong acceptance, while the stock trades at a very attractive valuation. At $609, Apple trades at a PEG (which is the ratio of P/E to growth rate, value investors look for a metric of 1.0x or less) of 0.45x FY13 (stock price less cash). It is a very attractive time to look at Apple stock for the long term. Look at Apple's stock chart, especially over a four-year period. It has experienced bumps in the road before, but long term, it performs because its still dominates market categories and delivers outsized profits.